buying

14 Common Mistakes Home Buyers Make

1. BORROWINGYou may borrow too much based on your present situation. You must make allowance for changes in your circumstances in the future. Be especially careful of loans with payments which increase at a later date.

2. INCLUSION COSTSYou may spend too much on the purchase price of a home and have insufficient money for your inclusions, improvements or furnishings. There are few things more depressing than having the home you want in the right area and being unable to afford curtains or light fittings. In extreme cases, the cost of the home can seriously hurt your living standards.

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